SOUTHSIDE COMMUNITY HOSPITAL INC

EIN: 540555201 501(c)(3) Health Care

FARMVILLE, VA

Total Revenue
$118,982,283
Total Expenses
$105,662,924
Total Assets
$90,579,716
Net Assets
$85,448,929
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
VA
Principal Officer
THOMAS L ANGELO
Phone
4343152776
Tax Period
2023-01-01 to 2023-12-31

SOUTHSIDE COMMUNITY HOSPITAL INC, founded in 1926, is a mid-sized nonprofit in the Health Care sector that reported $92.6M in total revenue in fiscal year 2018. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $78.9M left a modest 15% surplus.

Mission

WE EXIST TO IMPROVE THE HEALTH AND QUALITY OF LIFE FOR THE COMMUNITIES WE SERVE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $164,233
Program Service Revenue $117,356,117
Investment Income $0
Other Revenue $1,461,933
TOTAL REVENUE $118,982,283

Expense Breakdown

Grants Paid $42,618
Salaries & Benefits $37,260,345
Fundraising Expenses $0
Program Expenses $83,812,952
Other Expenses $68,359,961
TOTAL EXPENSES $105,662,924

Year-over-Year Comparison

2023 2022 Change
Revenue $118,982,283 $115,719,514 +0.0%
Expenses $105,662,924 $105,193,220 +0.0%
Net Income $13,319,359 $10,526,294 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
15
Independent Members
13
Employees
705
Volunteers
12

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$675,013
Total Directors
16
$3,389,217
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY CARRIER PRESIDENT/CEO 2.0
Director
$0 $275,838 $1,559,458
BIKRAM S BAL MD DIRECTOR 2.0
Director
$0 $20,230 $1,004,655
SUNIL RAJAN MD DIRECTOR 2.0
Director
$0 $44,907 $825,104
THOMAS ANGELO VP & SCH CEO 50.0
Officer
$375,173 $63,915 $439,088
CLAUDIA MEINHARD CHIEF NURSING OFFICER 50.0
Officer
$222,964 $12,961 $235,925
ROBERT JEFFERSON PHARMACIST 50.0
Highest
$149,428 $50,777 $200,205
LAURA BAKER PHARMACIST 50.0
Highest
$153,968 $37,066 $191,034
LEE WILLIAMS PHARMACIST 50.0
Highest
$140,728 $48,287 $189,015
GLORIA MOORE RN ACUTE CARE CNEP 4 50.0
Highest
$159,399 $18,752 $178,151
TIFFANY ROSS PHARMACIST 50.0
Highest
$153,976 $13,552 $167,528
SHARON HARRUP CHAIRMAN 2.0
Officer Director
$0 $0 $0
KEMPNER BEASLEY III VICE CHAIR 2.0
Officer Director
$0 $0 $0
LEE PFEIFFER JR SECRETARY/TREASURER 2.0
Officer Director
$0 $0 $0
RHONDA B ALGEIER MD DIRECTOR 2.0
Director
$0 $0 $0
C SCOTT DAVIS LPD DIRECTOR 2.0
Director
$0 $0 $0
REV DR CALVIN GRAY DIRECTOR 2.0
Director
$0 $0 $0
HAROLD M HARRIS JR DIRECTOR 2.0
Director
$0 $0 $0
WILLIAM MCGUIRE DIRECTOR 2.0
Director
$0 $0 $0
RODNEY NEWTON DIRECTOR 2.0
Director
$0 $0 $0
CAMERON PATTERSON DIRECTOR 2.0
Director
$0 $0 $0
ODESSA PRIDE ED D DIRECTOR 2.0
Director
$0 $0 $0
TIM THARPE DIRECTOR 2.0
Director
$0 $0 $0
GEORGE ZIPPEL DIRECTOR 2.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $118,982,283 $105,662,924 $90,579,716 $13,319,359
2022 $115,719,514 $105,193,220 $141,312,777 $10,526,294
2021 $111,131,365 $83,906,211 $139,378,592 $27,225,154
2020 $95,963,467 $79,422,876 $131,365,145 $16,540,591
2019 $96,516,218 $80,902,222 $84,765,991 $15,613,996
2018 $92,634,772 $78,853,305 $68,834,782 $13,781,467
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